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UDW US Dataworks,

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Share Name Share Symbol Market Type
US Dataworks, AMEX:UDW AMEX Ordinary Share
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US Dataworks Announces it has Conducted Annual Meeting

16/09/2008 6:35pm

PR Newswire (US)


US Dataworks (AMEX:UDW)
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- Company Operations Not Affected By Hurricane Ike - HOUSTON, Sept. 16 /PRNewswire-FirstCall/ -- US Dataworks, Inc. (AMEX:UDW), a leading innovator of payment processing solutions, announced that its annual shareholder meeting was conducted yesterday, September 15, 2008. All proposals described in the Proxy Statement were approved as per the Board of Directors' recommendations. "Even though we have experienced a major disaster in the last several days from Hurricane Ike, we were spared any damage," says UDW Chairman and CEO Charles E. Ramey. "Our employees were not hurt and will be dealing with the cleanup to their property over the near term. Our data center was unscathed, the support of our customers continued during Ike, and we are quickly returning to back-to-business as usual." "Our prayers and support go out to all of our employees and fellow citizens as the recovery process continues over the next weeks and months," said Mario Villarreal, President and COO. About US Dataworks, Inc. US Dataworks is a developer of payment processing solutions, focused on the Financial Services market, Federal, State and local governments, billers and retailers. Software developed by US Dataworks is designed to enable organizations to transition from traditional paper-based payment and billing processes to electronic solutions that automate end-to-end processes for accepting and clearing checks. Additional information about US Dataworks is available at http://www.usdataworks.com/. Forward-Looking Statements Except for the historical information contained herein, the matters set forth in this press release, including, but not limited to statements regarding the operation of US Dataworks as it returns its operations back to normal, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, but not limited to, the Company's position in the marketplace, our ability to return to normal operation and other risks detailed from time to time in the SEC reports of US Dataworks, including its annual report or its quarterly report on Form 10-QSB for the period ended June 30, 2008. These forward-looking statements speak only as of the date hereof. US Dataworks disclaims any obligation to update these forward-looking statements. CONTACTS: Charles Ramey, CEO Donald C. Weinberger US Dataworks, Inc. Wolfe Axelrod Weinberger Assoc. LLC Tel. (281) 504-8100 Tel. (212) 370-4500 Fax (212) 370-4505 DATASOURCE: US Dataworks, Inc. CONTACT: Charles Ramey, CEO of US Dataworks, Inc., +1-281-504-8100; or Donald C. Weinberger of Wolfe Axelrod Weinberger Assoc. LLC, +1-212-370-4500, Fax, +1-212-370-4505, for US Dataworks, Inc. Web Site: http://www.usdataworks.com/

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